Occidental Petroleum Corporation (OXY)

Debt-to-capital ratio

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 34,159,000 34,674,000 32,053,000 30,811,000 30,250,000 29,312,000 29,111,000 29,559,000 30,085,000 28,720,000 27,830,000 24,907,000 20,327,000 18,873,000 18,244,000 18,300,000 18,573,000 19,860,000 23,346,000 31,295,000
Debt-to-capital ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

December 31, 2024 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $34,159,000K)
= 0.00

Occidental Petroleum Corporation's debt-to-capital ratio has consistently remained at 0.00 over the time period from March 31, 2020, to December 31, 2024. This indicates that the company has not taken on any debt in relation to its capital structure during this period. A debt-to-capital ratio of 0.00 typically indicates that a company is primarily funded by equity rather than debt. It suggests that Occidental Petroleum has not used debt financing as a significant part of its capital structure, which may be viewed positively by investors and creditors as it signifies lower financial risk.


See also:

Occidental Petroleum Corporation Debt to Capital (Quarterly Data)